Is Northeast (NE) Expensive?

Minneapolis, United States

+8% vs Minneapolis avg

Living in Northeast (NE), Minneapolis

Northeast (NE) is a moderately-priced area within Minneapolis, with a cost of living index of 66.3 — that is +8% compared to the Minneapolis average. It sits around the middle of the pack at #9 out of 30 neighborhoods. Estimated rent for a one-bedroom apartment here is around $1,674/month, compared to a range of $1,116 in Brooklyn Park to $2,015 in Kenwood.

Monthly Budget Breakdown

For a typical resident of Northeast (NE), housing takes up roughly 49% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $66,960 before tax.

Typical Salaries in Northeast (NE)

Salaries in Northeast (NE) reflect the local cost of living. Based on the neighborhood COLI of 66.3:

After tax and deductions of 27.6% in United States, take-home pay for someone earning $66,960 would be roughly $48,479/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

66.3
COLI Index
1.08x
vs City Avg
$1,674
Est. 1BR Rent
#9
of 30 Areas
27.6%
Total Deductions

Tax & Deductions in Northeast (NE)

Estimated annual deductions on a $49,725 salary in Northeast (NE), Minneapolis (local employee).

Income Tax
12%
Social Security + Medicare (FICA)
7.6%
State Income Tax (MN)
7.85%
Total Deductions: 27.6%
Est. Take-Home: $36,025/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Northeast (NE) would need to be elsewhere:

City Currency Equivalent
New York USD $49,725
London GBP £42,793
Dubai AED AED 248,813

Other Neighborhoods in Minneapolis

Neighborhood COLI Multiplier vs Avg
Kenwood 79.8 1.30x +30%
Edina 78.6 1.28x +28%
North Loop 76.8 1.25x +25%
Linden Hills 74.9 1.22x +22%
Lowry Hill 73.7 1.20x +20%

View all 30 neighborhoods in Minneapolis →

Convert Your Salary

See exactly what you need to earn in Northeast (NE), Minneapolis to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Northeast (NE):

Brookhaven, Atlanta Downtown, Atlanta Midtown, Houston Rice Village, Houston Au, Munich Navigli, Milan

Frequently Asked Questions

Is Northeast (NE) expensive in Minneapolis?

Northeast (NE) is near the city average for Minneapolis. Costs are about +8% vs the average, making it a mid-range neighborhood.

How does Northeast (NE) compare to the Minneapolis average?

The cost of living in Northeast (NE) is above the Minneapolis average. With a multiplier of 1.08x, everyday expenses including rent, food, and transportation are +8% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.